Factor 5 is an exciting concept to save any business major expense.
It is inspired by the book “factor 5” which aims to reduce business input costs from energy by 80%, or to increase resource productivity by a factor of 5! The impetus stems from the the IPCC 4th Assessment published in 2007. It calls for 60-85 percent reductions by 2050 in effective green house gas emissions. Irrespective of a business owner’s view on the modeling and data on climate change, can they afford to miss out on a 500% improvement in resource productivity?
In Australia, the government sector has not failed to vacillate on the best way to improve efficiency. If the business sector were to wait for government politicians to provide effective leadership in this area, we would be waiting until it were too late. Fortunately, there are a series of cost effective measures which can enable your business to use less resources and achieve more productivity.
However, 80% reduction in resources, or 500% improvement in their productivity… will the costs be unattainable?
Well let’s find out using the discovery interview model, but focusing this time on resource efficiency. If you end up unconvinced, then it has cost you some time. However, the discovery process is intended to expand participants’ ideas, even if you choose to ignore the full report, and the interview is free.
But first some numbers, in 2014/15 over 92% of energy was used for non residential purposes (Office of the chief economist). This can be interpreted to mean, “when business means business on energy efficiency, it makes a real difference to our energy use.”
But are the savings real? The graph below gives 4 examples with real value to the business involved. The simple payback figures shows that the investment was sound.
Let zyXby start you on a road in investing in your business’ future,… and maybe your survivors’ future too! zyXby is offering any business the opportunity to become more efficient. You don’t need to be a big operation to make a difference. zyXby is able to enable you to take the lead in the business world, whatever the revenue of your business.
If you want to be part of the solution, contact zyXby, don’t waste time
Reference Data
DpAg 3.9year payback
Beenleigh Hi 3.2yr payback
2 Mort St 12.5 yr, (<1 yr after capital gain accounted for)
Carrot farm, 4.13 yr payback
zyXby 